John J. Mack, David H. Sidwell and James P. Gorman of Morgan Stanley to speak at the 2006 UBS Global Financial Services Conference

New York, May 5, 2006 — John J. Mack, Chairman and Chief Executive Officer, together with David H. Sidwell, Executive Vice President and Chief Financial Officer, and James P. Gorman, President and Chief Operating Officer of Global Wealth Management Group, of Morgan Stanley (NYSE:MS) will discuss the global financial services industry at the 2006 UBS Financial Services Conference in New York, on Monday, May 15, 2006 at 8:50 a.m. Eastern Time. Both live and on-demand versions of the webcast will be available. The on-demand webcast will be available 4 hours after the presentation for a period of 30 days. To access the webcast, please go to the Investor Relations section at www.morganstanley.com.

Morgan Stanley is a global financial services firm and a market leader in securities, investment management and credit services. With more than 600 offices in 30 countries, Morgan Stanley connects people, ideas and capital to help clients achieve their financial aspirations.

To access the webcast and presentation, please click here.